Nestlé fired its scandal-clad CEO without a payout—a ‘really unusual’ move, corporate governance expert says
via fortune.com
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When Nestlé abruptly ousted its chief executive Laurent Freixe over Labor Day weekend after revelations of a romantic relationship with a direct subordinate, one detail stood out: He was shown the door without a severance package. That, according to corporate-governance veteran Nell Minow, is almost unheard of in the C-suite. “That is really unusual,” she […]